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23 Stocks and 77 ETFs for diversifying ISD (PGIM High Yield Bond Fund)

The least correlated asset to ISD (PGIM High Yield Bond Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8829.

Stocks that lowly correlated with ISD

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.86
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.72
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.69
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.67
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.62
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.59
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.56
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.56
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.53
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.53
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.50
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.50
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.49
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.48
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.47
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.46
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.45
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.42
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.42
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.42
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.42
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.40
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.39

ETFs that lowly correlated with ISD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.88
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.85
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.85
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.83
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.83
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.83
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.82
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.81
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.80
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.80
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.80
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.80
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.80
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.79
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.79
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.79
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.79
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.78
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.78
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.78
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.78
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.78
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.77
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.76
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.76
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.74
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.74
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.72
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.71
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.70
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.70
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.69
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.69
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.69
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.68
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.67
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.66
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.63
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.62
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.61
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.60
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.58
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.57
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.54
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.54
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.54
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.54
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.54
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.53
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.51
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.50
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.50
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.49
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.48
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.47
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.47
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.47
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.45
DCMTDOUBLELINE COMMODITY STRATEGY ETF $39M0.66%Jan 31, 2024-0.45
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.44
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.44
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.44
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $76M1.12%May 9, 2024-0.43
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.43
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.43
OILDBank of Montreal$19MN/ANov 8, 2021-0.41
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.41
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.41
USEUSCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND $2.60M0.79%May 3, 2023-0.40
RSBYRETURN STACKED(R) BONDS & FUTURES YIELD ETF $78M1.01%Aug 20, 2024-0.39
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.38
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.38